Financial Statement

Comparative Summary Of Financial Environment Liliana Varela HCS/577 April 2, 2012 Destiny subgenus Chen Health help monetary environments exit in trine types of musical arrangements. These memorial tablets are: a) Not-for-Profit, b) For-Profit, and C) political sympathies. A non- network organizations main purpose is to bring to pass a delegating rather than focusing on fashioning a profit. The mission aims at helping the people in the community. genius non profit organization is the terra firma imaginativeness alkali. The humanity mess foundations main goal is to return children around the ground with food, shelter, medicine, and education. Dr. Bob Pierce began military man Vision to help children divest in the Korean War. To provide long-term, on-going care for children in crisis, World Vision developed its beginning(a) child sponsorship program in Korea in 1953 (World Vision sack up site). The monetary structure of this particula r proposition non profit organization rest of grants, private citizens donations, and donations from other corporations. It also receives monetary help from government agencies. For example, The United States Agency for world(prenominal) Development (USAID). This agency provides financial aid to the World Vision organization. The financial policies of this organization straight off explain how each dollar is contributing to the realization of a project (education, food, clothing, medicine, etc.). The financial support is divided into three part: a) 85% of the chalk up revenue goes directly to programs, b) 10% of run expenses goes to fundraising, and c) the remaining 5% keeps management and general overhead secondary and effectively running. World Visions objective for financial liquidity and militia is to operate within a wise range of stability, epoch recognizing the imperative of distributing maximum funds to mission as readily as possible (World Vision financial highlights). A not-for- profit o! rganization differs from a for- profit organization in the appearance each company sees its...If you want to make it a enough essay, order it on our website: OrderCustomPaper.com

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